We are following all industry updates surrounding the COVID-19 crisis and have been tracking developments and sentiment pieces on the impact that it may have on the market.
Below you can find links and summaries of the latest covid-19-related news from the industry as well as some further resources for your information. If you would like to know more, please do not hesitate to get in touch.
Campaign Magazine is hosting a live Coronavirus blog, which is continuously updated with the latest industry coverage on the crisis. Check it out here.
The Drum magazine is hosting a Coronavirus page on its website which shows the latest marketing and advertising news including insights and opinions. Take a look here.
Digiday has a ‘Coronavirus fallout’ section on its website which contains all of its coverage on the virus to date. View it here.
Former WPP boss Martin Sorrell discusses Covid-19 and acceleration of digital during Campaign Connect here.
Citigroup predicts that the ad industry is heading for a ‘V-shaped’ recovery. Read more here.
This piece in Campaign looks how to ensure your business is recovery ready. Read it here.
Simon Duke, Technology Business Editor at The Times says that the advertising marketing will ‘rebound swiftly’ after pandemic cutbacks. Read more here.
This piece in Marketing Week looks at how brands can connect with global customers during a shutdown. Read it here.
This piece in Campaign looks at how things might be different as people drift back to work, and if these changes will be for the better. Read it here.
WARC says that the global adspend slump is expected to be less severe than the 2009 crash, and it will fall by 8.1% this year. Read more in Campaign here.
This piece in Digiday looks at what changes (and accelerates) in ad tech during a recession. Read it here.
In a piece featured in Mediatel Newsline, Gill Huber says flexibility, agility and relevance will be the key to post-lockdown ads. Read more here.
Paul Reynolds of MassiveMusic says that advertising will sound very different post-Covid-19 and that music will come out of bad times. Read more here.
Bob Wootton says it’s time to start again by reclaiming the great things Adland has lost. Read more here.
Publicis UK is looking to reopen its Chancery Lane office on 1 July with a capacity of 225 people. No one will be made to return for the rest of the year. Read more here.
Omnicom Group CEO unveils it’s ‘3-phase’ plan for office return. Check it out here.
Grace Kite says marketers should be planning for an economic bounceback, as economists predict a quick recovery. Read more on Marketing Week here.
Gideon Spanier states we must stay alert as coronavirus is reshaping commerce faster than we think. Read more here.
Dominic Mills, in his column in Mediatel, looks at the true role of advertising in helping get the economy back on track. Read more here.
Tammy Einav of adam&eveDDB and Tim Pearson of OMD UK have been working more closely since the virus crisis and have a blueprint for recovery. They say greater collaboration will help our industry in the fight for recovery. Read more here.
Tanya Joseph says brands have to make tough choices affecting customers and staff during this pandemic, but acting honourably and communicating honestly will preserve trust. Read more here.
According to fresh research from the World Federation of Advertisers, large global brands are to cut ad spend harder – and for longer – in response to the coronavirus pandemic – at least six months. Read more in The Drum here.
JP Hanson says that there are no one-size-fits- all answers for getting through the pandemic and each business has unique decisions to make. Read more here.
Following the Prime Minister’s announcement of plans to ease lockdown, our Chief Executive Stephen Woodford wrote an op-ed for The Drum on how our industry can support the route out of lockdown. Read it here.
Gideon Spanier of Campaign says this painful time can be a catalyst for a new wave of creativity and focus on long-term values will help to guide us through uncertainty. Read more here.
With the ‘roadmap’ to moving out of lockdown being announced on Sunday, industry leaders comment on when adland should return to work. Read more here.
The digital advertising market appears to have settled into a holding pattern, but is not yet back to normal. Read more here.
New businesses down 30%, cementing the ugly truth of COVID-19’s economic impact on advertising. Read more here.
ITV is facing a downturn in ad revenue and looks at how they are battling to keep brands advertising. Read more here.
More than a quarter of agencies are planning redundancies and 3 in 10 business are also anticipating salary cuts of at least 30%. Read more here.
Mark Read, CEO, WPP has spoken to Campaign about how the industry needs to be cautious about the rate for recovery in the second half of 2020. Read more here.
Just 7% of brands ‘seize the opportunity’ to invest more in marketing during Covid-19, according to this piece in Marketing Week.
Betting and Gaming Council reports 10% drop in TV adspend from members during lockdown. Read more here.
Simon Gwynn of Campaign discusses UK ad market recovery and says adland predicts it won’t recover before 2021. Read more here.
This piece in The Drum looks at the potential of Covid-19 forcing adtech to reset as ‘media buckles under financial strain’. Read more here.
Unilever is reviewing its discretionary marketing spend, but is maintaining its level of brand and marketing investment. Read more here.
This piece in Mediatel News looks at TV advertising and how Covid-19 has impacted the UK market, saying regulated TV and its advertising is likely to emerge with an enhanced reputation from the current crisis. Read more here.
Jeremy Lee talks of how the ad industry is providing practical support as well as moral support through making visors and gowns. Read more here.
This piece in Campaign looks at the impact that the lockdown is having on new business now that we are getting to know clients over platforms like Zoom and the dynamics of agency/brand relationships are changing. Read more here.
This piece by Nick Manning via Mediatel Newslines looks at the post-crisis ‘to-do’ list to reset the online ad market. Read more here.
Agency financial chiefs expect a 20% income drop forecast in adland due to the coronavirus. Read more here.
JP Hanson takes on the ‘advertise through a recession’ argument. Read more here.
This piece in The Drum looks at how UK broadcasters are adapting now that ‘TV ad prices have fallen through the floor’ and how they are attracting record audiences while working from home.
Campaign have written a love letter to the advertising industry and the importance of our role in society, especially now. Read the letter here.
Mediatel assembled seven agency bosses to discuss its ongoing effects on the advertising and media markets – looking at both the immediate and long term. Read more here.
Omnicom has spoken to staff about job losses, pay cuts and furloughs, CEO tells staff. Read more here.
WFA have been compiling brand responses to COVID-19 from around the world which they hope will inspire other actions. Find out more here.
Arthur Sadoun, Chief Executive, Publicis talks about how he thinks marketers should respond and the future of Publicis. Read more here.
Campaign is looking at the threat of COVID-19 on traditions and the changes this could bring, with this article looking at Christmas ad spend. Read more here.
Publicis Groupe reports 3% fall in organic growth and introduces reduced hours, furloughing and some job cuts. Read more here.
This piece looks at the pressures that coronavirus has thrust on society and how it may alter the way we interact once it’s all over, particularly in the way we define and implement digital transformation. Read more here.
From furloughs to financing, this is Campaign’s guide to essential business advice on coping with coronavirus. Read more here.
This article looks at the recent increase in adspend in East Asia as an indication of a similar rebound to happen when the coronavirus pandemic subsides. Read more here.
The Drum looks at the economic fallout of the coronavirus, why management will be a marathon not a sprint and watching China on their road to recovery. Read more here.
This piece looks at the coping mechanisms for the current situation, as well as potential long-lasting impacts that Covid-19 is having on production interruption. Read more here.
WPP’s Chief Executive Mark Read discusses the driving digital transformation within businesses and client. Read more here.
This piece looks at the long-term impact of coronavirus on advertising creativity, saying that it must rediscover human instincts. Read more here.
Havas Media Group’s Covid-19 Media Behaviours Report shows media consumption has continued to rise during the outbreak and reveals a greater need for connection amongst respondents. Read more on Little Black Book here.
This piece looks at how media research and the ‘backbone of industry decision making’ has been impacted by the coronavirus outbreak, and what could change in the long-term. Read more here.
Management consultancy ID Comms has deemed the advertising industry “open for business” after a survey found that 57% of agency leaders maintain they are confident in responding to most pitch briefs, regardless of working from home amid Covid-19. Read more here.
This article includes a number of posts that have been shared on LinkedIn surrounding advertising and the Covid-19 crisis following a report by WARC that said the industry is already taking a hit and is likely to enter a recession. Read more here.
Newsworks, the body representing UK newspaper publishers, is estimating that digital brand safety measures around the keyword ‘coronavirus’ is going to cost the industry £50m in lost advertising revenue in the next three months. Read more here.
WPP has announced a wide range of cost-cutting and cash-saving measures amid Covid-19 such as cutting awards, reducing top salaries and freezing hiring, to cope with the severe financial fallout from the crisis. Read more here.
Marketing Week provides five interesting stats on consumer confidence, email and retail sales amid Covid-19 to prepare for the coming week and give insight to industry trends. Read more here.
Gideon Spanier says the UK ad market faces a drop of 50% in April, with comment from our Chief Executive Stephen Woodford, who urges companies to seek advice on Government support. Read more here.
Magna, the centralised IPG Mediabrands resource has reported that global digital advertising is likely to slow down to single-digital growth this year compared to 20% per year in past years. Read more here.
This article looks at the coronavirus’s impact on marketing, ecommerce and advertising. This shows the increased YoY subscription growth of Netflix, the effect that less travel is having on ad spend, and the re-evaluated ad spend forecast in China. Read more here.
This piece looks at whether consumers think brands should stop advertising due to the coronavirus outbreak. It states that consumers believe staff welfare should be a company’s first priority and brands have a role to play in supporting governments and wider society through the crisis. Read more here.
Tracey Barber, CMO of Havas Creative Group, looks at some insights from China as life there returns back to some normality, saying, “it has become a goldmine of information on consumer behaviour and media consumption throughout the outbreak, stabilisation and recovery stages of the crisis”. Read more here.
This piece looks at what businesses can do from a marketing perspective to make sure they hit the ground running when this is all over, offering tips for an ‘advertising survival plan’. Read more here.
This article looks at the effect that eMarket forecasts on ad spend as a result of the coronavirus. Continued growth, although at a slower rate than previously forecasted. Read more here.
Econsultantcy looks at the way in which brands are delaying investment in digital investment which could pose serious problems on the increasing demand on digital services for companies to be able to work remotely. Read more here.
Marketing Week looks at what marketers need to do to think long-term about what is happening to the industry during this pandemic. The article focuses on the role of leadership and about thinking long-term not short-term. Read more here.
This is a document by IPSOS on coronavirus and behaviour change and what this means for brands. Read more here.
Annabel McCaffrey of NABS offers advice on supporting your emotional and mental health and sustaining you’re wellbeing in a time of crisis. Read it here.
Campaign Magazine is also keeping tabs on all the good things that adland is doing amid the outbreak. For some positive stories, click here.
The Drum has also outlined six essential tips for working from home here.
Gwyn March, IPA CPD Consultant, gives her top tips for keeping your team motivated and running smoothly while working from home. Read more here.